Got this in my mail, from Sramana Mitra (whom I subscribed - TopicsExpress

Got this in my mail, from Sramana Mitra (whom I subscribed to) Do You Agree With Peter Thiel? I dont. On a number of issues. Most of all: Don’t play little ball—swing for home runs.Over 99% of the businesses that seek financing get rejected. Asking every entrepreneur to swing for the fences is dumb advice, in my opinion. Acc. to Peter, a small idea = bad idea.I couldnt disagree more. I just published Bootstrapping With A Paycheck, where we have case study after case study of businesses that have been successful by starting small, taking small amounts of risk, and developing very nice businesses. Sorry Peter, I dont get why every entrepreneur needs to swing for the fences.

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